How Nas Made $40 Million By Investing In Smart Doorbell Company

Source: Kevin Mazur / Getty
Nas is not only a successful rapper, but a great businessman too. He recently earned $40 million by investing in Ring, a smart doorbell company. Vibe reports that Ring made over $415 million last year in sales, which is a major jump from its $170 million sales in 2016.
Founder of Ring, Jamie Smirnoff said, “Ring is committed to our mission to reduce crime in neighborhoods by providing effective yet affordable home security tools to our neighbors that make a positive impact on our homes, our communities, and the world. We’ll be able to achieve even more by partnering with an inventive, customer-centric company like Amazon. We look forward to being a part of the Amazon team as we work toward our vision for safer neighborhoods.”
Nas has invested in several startups including Genius, Lyft and SeatGeek. The rapper hasn’t spoke out about his investment, but this is pretty exciting. Congratulation Nas on all of your success!
RELATED: Gary’s Tea: Should Kelis Get More Money From Nas? [EXCLUSIVE VIDEO]
RELATED: Why Kelis Is Asking For More Child Support Money From Nas
RELATED: Nas Reminds Fans Why He’s One Of The Greatest Rappers Alive [VIDEO]
The Latest:
- Philly's George Washington Slavery Exhibit Whitewashed By Trump Admin
- Medgar Evers Historic Speech Still Missing 6 Decades Later
- The Cast Of 'Strung' Talk Capitalism, Greed And Art Imitating Life In The Psychological Thriller
- DMV LOCAL RECAP: House Advances Permanent Daylight Time
- DIVA’S DAILY DIRT: Yung Miami Tour Exit, Nicki Lawsuit
- REDDZZRUNDOWN RECAP: Young Miami Exit Delays Tour, Thug Returns
- Cutely Coupled Up: ‘Love Island USA' Winners Bryce & Trinity Address Age Gap, Detail Falling Fast In The Villa
- Nicki Minaj Dragged Into Another Lawsuit Over Allegedly $230K In Unpaid Legal Fees
- Todd Blanche's Senate Hearing Full Of Major Stumbles
- "Savor the City" Cooks Up TV One's First-Ever Emmy Nomination
[ione_media_gallery src=”https://rickeysmileymorningshow.com” id=”1716193″ overlay=”true”]
How Nas Made $40 Million By Investing In Smart Doorbell Company was originally published on rickeysmileymorningshow.com
